The Pepe price soared 10% in the last 24 hours to trade at $0.00001092 as of 11:50 p.m. EST on trading volume that rose 84% to $3.79 billion.
This comes as the Crypto Fear & Greed Index shifts to a reading of ”Greed,” currently at 64, indicating that investors are less risk averse and eager to buy more amid a fear of missing out.

Pepe Price Set To Register A New ATH Over The Bullish Pennant

截至晚上 11:50，Pepe 價格在過去 24 小時內飆升 10%，交易價格為 0.00001092 美元。美國東部時間交易量增加84%，達到37.9 億美元。貪婪的情況下渴望購買更多股票。

PEPEUSD Chart Analysis Source: GeckoTerminal.com

PEPEUSD 圖表分析 資料來源：GeckoTerminal.com

The Pepe price has been on a tear in the last month, rising 113% to a new all-time high (ATH) of $0.0000118 on May 14, data from GeckoTerminal shows.
The price has been fluctuating within this level, with the $0.00000886 mark serving as a support for the bulls to keep pushing the price above.
PEPE currently trades above both the 50-day and 200-day Simple Moving Averages (SMAs), a confirmation of the bullish potential to the upside.
Moreover, the Relative Strength Index (RSI) is rebounding from the 50-midline level, currently above the 70-overbought region at 71, an indication of intense buying pressure and continued optimism from investors.
The Moving Average Convergence Divergence (MACD) is also bullish, with the MACD line crossing above the orange signal line, which forms a bullish crossover. PEPE bulls could capitalize on this to further push the price higher.
The green bars on the histogram also form above the zero line, a signal to buy as PEPE is on a positive momentum. This is further supported by the Average Directional Index (ADX) trading at 40, which shows that PEPE is currently on a very strong bullish trend.
PEPE Price Prediction
The Pepe price analysis indicates that PEPE has very strong bullish momentum as the bulls aim to sustain the momentum above the bullish pennant.
Major indicators, including the RSI, MACD, and ADX, show that the price is on a positive trajectory, which could see PEPE soar to a new ATH, with the current target set at $0.000014.
The 50-day trades above the 200-day SMA, forming a golden cross at $0.00000684, which further encourages the bulls to propel the price to a new ATH.
However, with the recent price surge, the bears could start booking profits, which could push the price down to the support zone around $0.00000886, coinciding with the 50-day SMA.
As the PEPE bulls aim to push the price to a new ATH, other investors are exploring Sponge V2, a token that aims to repeat the feat of its predecessor, Sponge V1, which recorded 100X returns last year in a bear market. At its peak, SPONGE reached a market capitalization of $100 million.
This is why crypto analysts like Crypto Boy say that Sponge V2 has the potential to soar 100X after its imminent launch on top-tier exchanges.

GeckoTerminal 的數據顯示，上個月 Pepe 價格一路飆升，上漲 113%，於 5 月 14 日創下歷史新高 (ATH) 0.0000118 美元，GeckoTerminal 的數據顯示，價格一直在該水平內波動，最高達到 0.00000886 美元大關為多頭繼續推高價格提供支撐。 70超買區域上方71，顯示買盤壓力很大，投資者持續樂觀。 PEPE 多頭可以利用這一點進一步推高價格。交易於 40 的平均方向指數 (ADX) 進一步支持了這一點，這表明 PEPE 目前處於非常強勁的看漲趨勢。於看漲三角旗。上方，在0.00000684 美元處形成黃金交叉，這進一步鼓勵多頭將價格推向新的最高點。與50 日移動平均線重合。 100 倍的回報。在巔峰時期，SPONGE 的市值達到了 1 億美元。

Sponge V2: Potential For 100X Returns
If you missed the Sponge V1 surge in 2023, there is a second chance with Sponge V2 (SPONGE V2), which aims to repeat that same feat and more as it offers a last chance to buy before its launch on major exchanges.

Sponge V2：潛在的100 倍回報如果您錯過了2023 年Sponge V1 的激增，那麼Sponge V2（SPONGE V2）還有第二次機會，它旨在重複同樣的壯舉，甚至更多，因為它提供了在2023 年推出前購買的最後機會主要交流。

Who’s ready for the $SPONGE? 💦💛#SpongeV2 #CryptoCurrency #Alts pic.twitter.com/JtWn1QFF8a
— $SPONGE (@spongeoneth) May 13, 2024

誰準備好迎接 $SPONGE 了？ 💦💛#SpongeV2 #CryptoCurrency #Alts pic.twitter.com/JtWn1QFF8a — $SPONGE (@spongeoneth) 2024 年 5 月 13 日

The token’s listing aims at enhancing $SPONGE V2’s accessibility and visibility within the crypto community.
The sequel comes as an upgraded version of Sponge V1, promising more significant rewards and a better ecosystem.

該代幣的上市旨在增強 $SPONGE V2 在加密社群中的可訪問性和可見性。

You can't stop $SPONGE 🧽 🔥 #SpongeV2 #PEPE #FLOKI #WIF pic.twitter.com/j08GbqOwVj
— $SPONGE (@spongeoneth) May 2, 2024

你無法阻止 $SPONGE 🧽 🔥 #SpongeV2 #PEPE #FLOKI #WIF pic.twitter.com/j08GbqOwVj — $SPONGE (@spongeoneth) 2024 年 5 月 2 日

One of the key features that Sponge V2 brings is a staking system, offering an annual percentage yield of 163% on Ethereum and 335% on the Polygon network.
The platform is also set to launch a play-to-earn racer game, available in both paid and free versions, where users get to engage in racing competitions and earn token rewards.

Sponge V2 帶來的關鍵功能之一是質押系統，在以太坊上提供163% 的年收益率，在Polygon 網路上提供335% 的年收益率。遊戲，可在付費和免費版本，用戶可以參加賽車比賽並獲得代幣獎勵。

It’s almost time, #SPONGERS! 🧽 🤩
The $SPONGE #Presale will conclude later this month, with the claim anticipated to go live at the end of May! 🔥
More information coming tomorrow. Stay tuned!#SpongeV2 #Crypto #MemeCoin pic.twitter.com/ZGbpJDhKW9
— $SPONGE (@spongeoneth) May 14, 2024

時間快到了，#SPONGERS！ 🧽 🤩 $SPONGE #預售將於本月稍後結束，預計將在五月底生效！ 🔥 更多資訊將於明天發布。請繼續關注！

With the presale closing at the end of this month, now is the ideal time to buy.
To participate in the presale, you can buy Sponge V2 tokens on the official website here. Link your digital wallet to swap your ETH or USDT for V2 tokens. You can also buy directly using your bank card.
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隨著預售將於本月底結束，現在是理想的購買時機。連結您的數位錢包，將您的 ETH 或 USDT 兌換成 V2 代幣。您也可以直接使用銀行卡購買。

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